CTEK AB (CTEK) AI Stock Analysis

0 Followers

CTEK AB

(Nasdaq OMX AB:CTEK)

Select Model

Rating:64Neutral

Price Target:SEK 15.50▲(5.44% Upside)

Action:reiterated

Date:11/14/26

The score of 64 reflects a company in a significant operational turnaround. The primary strength is the dramatic improvement in cash flow and a de-risked balance sheet, which provides a solid foundation. However, the score is constrained by a lack of strong technical momentum and a valuation that is not compelling given the company's history of volatile profitability and margins that remain below historical peaks.

Positive Factors

Earnings recoveryThe return to positive profitability alongside strong TTM growth indicates that CTEK’s battery-management offering can generate meaningful operating earnings when demand improves. Sustained margins would provide resources for product development, distribution investment, and balance-sheet strengthening.

Negative Factors

Earnings volatilityThe recent recovery follows a period of material losses, so the current margin profile has not yet demonstrated a long record of stability. Repeated swings between losses and profits make future earnings power less predictable and could constrain investment or capital allocation if performance weakens again.

CTEK AB (CTEK) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 947.48M
Dividend Yield: ―
Average Volume (3M): 56.89K
Price to Earnings (P/E): 20.4
Beta (1Y): 0.61
Revenue Growth: -12.11%
EPS Growth: ―
Country: Sweden
Employees: 197
Sector: Industrials
Sector Strength: 63
Industry: Electrical Equipment & Parts

CTEK AB Business Overview & Revenue Model

Company Description

CTEK AB (publ) develops, markets, and sells battery charging products for vehicles in Sweden, Nordics, DACH, the Americas, rest of Europe, and internationally. The company operates in two segments, Consumer and Professional. It offers low-voltage bat...

How the Company Makes Money

CTEK makes money mainly by selling battery management products and related accessories through a mix of consumer and professional channels. Its core revenue stream is product sales of battery chargers/maintainers (for private users) and workshop/prof...

CTEK AB Financial Statement Overview

Summary

CTEK's financials show a strong turnaround, led by exceptional TTM cash flow generation (Score 85) and a solid income recovery (Score 72). The balance sheet is conservative with low leverage (Score 68). The overall trend is positive, though margin volatility remains a risk.

Income Statement

72Positive

Balance Sheet

68Positive

Cash Flow

85Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	792.70M	831.60M	913.80M	884.20M	925.40M	895.30M
Gross Profit	302.00M	77.40M	484.60M	441.20M	453.40M	461.20M
EBITDA	166.20M	155.80M	191.70M	78.40M	117.00M	119.30M
Net Income	50.60M	26.30M	-42.00M	-256.90M	2.70M	4.40M
Balance Sheet
Total Assets	1.36B	1.34B	1.42B	1.52B	1.71B	1.57B
Cash, Cash Equivalents and Short-Term Investments	170.40M	165.90M	141.80M	192.30M	10.00M	53.50M
Total Debt	328.70M	381.70M	410.90M	510.50M	694.10M	571.30M
Total Liabilities	600.90M	621.40M	726.30M	781.30M	1.05B	911.40M
Stockholders Equity	758.60M	718.00M	693.20M	735.10M	662.30M	655.00M
Cash Flow
Free Cash Flow	191.90M	144.10M	53.70M	49.70M	-165.10M	-95.40M
Operating Cash Flow	212.70M	151.40M	122.70M	135.20M	-46.60M	-28.40M
Investing Cash Flow	-35.70M	-57.80M	-68.80M	-82.50M	-115.70M	-66.80M
Financing Cash Flow	-85.10M	-59.10M	-108.20M	134.60M	115.20M	50.30M

CTEK AB Technical Analysis

Technical Analysis SentimentPositive

Last Price14.70

Price Trends

50DMA13.68Positive

100DMA13.75Positive

200DMA14.10Positive

Market Momentum

MACD0.13Negative

RSI63.18Neutral

STOCH36.02Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CTEK, the sentiment is Positive. The current price of 14.70 is above the 20-day moving average (MA) of 13.73, above the 50-day MA of 13.68, and above the 200-day MA of 14.10, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 63.18 is Neutral, neither overbought nor oversold. The STOCH value of 36.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CTEK.

CTEK AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SE:CTEK against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:CTEK	64Neutral	SEK 947.48M	20.42	6.89%	―	-12.11%	―
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SE:GARO	55Neutral	SEK 640.00M	-15.52	-8.87%	―	-4.95%	10.31%
SE:PCELL	50Neutral	SEK 965.07M	-6.40	-45.21%	―	-51.13%	-2244.41%
SE:FERRO	49Neutral	SEK 360.37M	-10.85	―	―	154.86%	47.11%
SE:CCC	48Neutral	SEK 1.11B	-13.89	―	―	6.10%	-393.38%

* Industrials Sector Average

Performance Comparison

SE:CTEK and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:CTEK	CTEK AB	14.70	1.86	14.49%
SE:PCELL	PowerCell Sweden AB	16.14	-26.64	-62.27%
SE:GARO	GARO AB	14.40	-2.58	-15.19%
SE:META	Metacon AB	0.09	-0.48	-84.48%
SE:FERRO	Ferroamp AB	3.34	1.55	86.59%
SE:CCC	Cavotec Group AB	10.30	-5.00	-32.68%

CTEK AB Corporate Events

CTEK lifts margins and earnings despite softer nine-month sales

Oct 29, 2026

CTEK AB, a specialist in battery charging and power management solutions for automotive and energy applications, reported a solid improvement in profitability despite modest top-line growth in its latest quarter. The company continues to leverage its...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 14, 2026

CTEK AB AI Stock Analysis